The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Fri Dec 1, 2017
LINCOLNSHIRE, Ill. — Camping World Holdings Inc. (NYSE:CWH announced today that its board of directors declared a cash dividend of $0.2832 per share on the company's class A common stock and a cash distribution of $0.21 per common unit on CWGS Enterprises LLC's common units. Payment is expected to be made on December 29, 2017, to stockholders of record at the close of business on December 15, 2017.
The CWH class A common stock cash dividend of $0.2832 per share is comprised of the regular quarterly cash dividend of $0.08 per share, a one-time cash dividend of $0.13 per share, both funded by the $0.21 per common unit cash distribution by CWGS Enterprises to all holders of its common units, including CWH, and a $0.0732 per share special cash dividend representing a portion of the tax distribution from CWGS Enterprises that is in excess of the corporate income taxes payable by CWH.
According to the announcement, future declarations of quarterly dividends are subject to the determination and discretion of Camping World's board of directors based on consideration of various factors, including the company's results of operations, financial condition, level of indebtedness, anticipated capital requirements, contractual restrictions, restrictions in its debt agreements, restrictions under applicable law, its business prospects and other factors that Camping World's board of directors may deem relevant. In addition to the regular quarterly dividend, Camping World intends to continue to pay a special cash dividend of all or a portion of excess tax distributions to holders of Camping World class A common stock.